if you look at our alter in a sif a n alt alternative scenarios, progress toward banking union not to mention will fiscal union, if we have a u turn, that will bring fresh down side risks. >> is the biggest risk factor the german elections, evolution of growth in france, something else? >> right now in the near term, the biggest risk is the slow down in core europe. more broadly really is policy and politics both when it comes to the longer term response and the near term response. should it happen, it will introduce fresh down side risk. >> and perhaps a buying opportunity. but we won't get into that just now. thanks very much no yofor your this morning. >>> starbucks has introduced its priciest brew yet. and you'll need to shell out $7 for a 16 ounce cup of the new limited edition companihe haedi. it's made from a rare hard to agree varie grow variety and makes us ask the question whether you would pay $7 for a cup of skroe. and with the exchange rate over here, probably have. what's the most in fact you'd spend on your morning coffee? let us know. worldwide@cnbc.com, @cnbcwex. >>>